About 232 N Central Avenue
Exceptional Mixed-Use Investment Property. Rare opportunity to own a versatile commercial/residential building, located next to a high traffic regional grocery store in the thriving West Duluth Business District. Property is located next to bars/restaurants, movie theatre, grocery store, liquor store, gas stations, and more. This expansive residential unit offers generous living areas and includes a private racquetball court, full size indoor swimming pool, bar/pool table and steam room. The flexible layout provides excellent potential for owner-occupancy, long-term rental, or lucrative short-term rental income. The residential space comes complete with heated indoor parking garage, private residential elevator, two kitchens, 3 large sun decks, and a fireplace. The commercial unit is currently utilized as a laundromat, but the space lends itself to a variety of retail, franchise, or office options. Seller is open to leaving laundry machines or removing them based on buyers needs. Whether you're looking to expand your portfolio or create a live/work investment property, this distinctive offering delivers unmatched potential. You must see it to believe it.
Features of 232 N Central Avenue
| MLS® # | 7034538 |
|---|---|
| Price | $999,999 |
| Bathrooms | 0.00 |
| Square Footage | 9,610 |
| Acres | 0.40 |
| Year Built | 1991 |
| Type | Residential Income |
| Sub-Type | Other |
| Status | Active |
Community Information
| Address | 232 N Central Avenue |
|---|---|
| Subdivision | West Duluth 1st Div |
| City | Duluth |
| County | St. Louis |
| State | MN |
| Zip Code | 55807 |
Amenities
| Parking | Attached Garage, Asphalt, Heated Garage, On-Street Parking Only, Parking Lot |
|---|---|
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Below Ground, Heated, Indoor |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Vinyl |
|---|---|
| Lot Description | Public Transit (w/in 6 blks), Corner Lot |
| Roof | Flat, Rubber |
School Information
| District | Duluth |
|---|
Additional Information
| Days on Market | 182 |
|---|---|
| Zoning | Other |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $10,298 |
| Tax Year | 2025 |